New Xerox Printers and Multifunction Products: Easy to Use Affordable, Reliable Technology...

New Xerox Printers and Multifunction Products: Easy to Use Affordable, Reliable Technology for Small Businesses

NORWALK, Conn.--(Business Wire)--
With the launch of five printers and multifunction products, Xerox
Corporation (NYSE: XRX) makes it easier and more affordable for small
and mid-size businesses to get more work done on even the tightest of
budgets.

The new offerings range from the $279 Xerox Phaser(R) 3100MFP
multifunction printer that prints, copies and scans, to the $1,999
Xerox Phaser 5550 laser printer that speeds printing at a rate of up
to 50 pages per minute (ppm). For more features, the new Xerox Phaser
3635MFP multifunction printer, starting at $1,799, is a 35 ppm
networked system that includes advanced security options like image
overwriting, encryption and authentication tools.

"The goal in today's competitive business world is to do more
while spending less" said Russell Peacock, president, Xerox Office
Group. "That's a challenge, especially for small and mid-size
businesses that need to invest in order to grow. Xerox's portfolio of
technology gives these businesses an array of choices to fit the way
they work without breaking the bank."

The new Phaser black-and-white printers and MFPs join the
company's growing stable of products designed with the small and
mid-sized business in mind and play critical roles in Xerox's overall
SMB strategy. In addition to a broader product portfolio, Xerox is
expanding its distribution network, making it easier for the SMB
market to benefit from the cost and quality advantages of doing
business with Xerox. The company's most notable channel expansion
initiatives include the acquisition last year of Global Imaging
Systems Inc., in the U.S., and its planned acquisition of Veenman
B.V., the largest office technology distributor in the Netherlands. In
addition to these distributors, more than 7,000 sales agents and
40,000 technology resellers sell the Xerox brand around the world.

Reliable, Affordable

Built on the award-winning Phaser 5500 platform, the Phaser 5550
laser printer features automated tools for easy installation and
service. The printer comes with PhaserSMART(R), an online
troubleshooting tool that helps diagnose and solve potential printing
issues, preventing maintenance calls and increasing its reliability.
Starting at $1,999, the Phaser 5550 produces tabloid-sized prints up
to 50 ppm for both single and double-sided pages.

"The reliability of the Xerox team and Xerox products has played a
significant role in our recovery efforts since Hurricane Katrina,
helping our dispersed employees get the University up and running as
quickly as possible," said Michael Britt, director of administrative
service, Tulane University. "After moving our Phaser 5500 from inches
of water in New Orleans following the hurricane to Houston - and back
again - it still worked like new. In fact, the printer is still in use
today with over 800,000 pages printed."

Xerox combined ease of use, reliability and low-cost, to build the
Phaser 3100MFP, which starts at $279. The system, Xerox's
lowest-priced MFP, makes office work easy with print speeds up to 21
ppm and features like scan to e-mail, a full keyboard for the fax
directory, and Optical Character Recognition software that converts
scanned documents into text-searchable files.

For the individual user or small workgroup, the Xerox Phaser 3250
laser printer, starting at $279, is small in size yet rich with
features including automatic two-sided printing and the ability to
print up to 30 pages per minute.

Rounding out the product launch, the company also announced the
Xerox Phaser 3600 laser printer. Starting at $549, the Phaser 3600
prints up to 40 ppm and includes a standard one-year warranty with the
option to extend up to three years - an offering not typically found
on this class of product. Meeting the needs of workgroups, the Phaser
3600 includes advanced security features and Xerox's CentreWare(R)
Internet Service technology, making the printer easy to use and
maintain.

Recycling

The Phaser 3635MFP, Phaser 3100MFP, Phaser 5550, Phaser 3250 and
Phaser 3600 are part of Xerox's Green World Alliance. The Xerox Green
World Alliance is a worldwide initiative to encourage customers large
and small to recycle or dispose of supplies in a manner that minimizes
impact to the environment. This partnership with customers has
resulted in more than 2.7 million cartridges and toner containers
being returned in 2006. Xerox processed 1.3 million pounds of
post-consumer waste toner for reuse, and the plastic bottles customers
used to return waste toner to Xerox-nearly 100,000 of them-have been
recycled.

Availability

The Phaser 3635MFP, Phaser 5550, Phaser 3250 and Phaser 3600 are
available immediately worldwide through Xerox direct sales, agents,
resellers, dealers, concessionaires, by calling 1-866-480-3119, or
going online at http://www.xerox.com/direct. The Phaser 3100MFP will
be available worldwide in early June.

Customer Contacts:

For more information on Xerox office products, visit
http://www.xerox.com/office or call 800-ASK-XEROX.

Note: For more information on Xerox, visit http://www.xerox.com or
http://www.xerox.com/news. For open commentary and industry
perspectives, visit http://www.xerox.com/blogs or
http://www.xerox.com/podcasts.

Xerox(R), Phaser(R), CentreWare(R), PhaserSMART(R), the Xerox
wordmark and the spherical connection symbol are trademarks of Xerox
Corporation in the United States and/or other countries.

Media:
Xerox Corporation
Mike Zimmerman, +1-585-423-4588
Michael.Zimmerman@xerox.com
or
Lisa Weaver, +1-503-685-3828
Lisa.Weaver@xerox.com

Copyright Business Wire 2008